Question
Fill in the blank with the most appropriate word.
This was my final year at boarding school. I was sitting …..platform no-8 at Prayagraj junction.ÂSolution
OnÂ
If share capital is ₹10 lakh, reserves ₹5 lakh, and accumulated losses ₹3 lakh, Deffered tax liabilities are ₹1 lakh, provision for gratuity is ...
Given the following information:
Revenue from Operations 3,40,000
Cost of Revenue from Operations 1,20,000
Selling expenses ...
If you want to understand the financial performance of a company over a specific accounting period, which of the following financial statement will be u...
A company repaid a long-term loan of ₹3,00,000 during the year. How is this reported in the cash flow statement?
Which of the following statements are not true regarding the issuance of a bank guarantee?
1. All bank guarantees have an expiry period and expir...
COGS is ₹30 lakh and average inventory is ₹5 lakh. What is inventory turnover ratio?
Which of the following best differentiates impairment from depreciation?
A company earned a Net Profit of ₹1,00,000. If the Net Sales is ₹12,50,000, out of which ₹10,00,000 is cash sales and remaining is credit sales, w...
Calculate the EBIT of the company given the following details:
Sales: ₹20,00,000Â
Cost of Goods Sold: ₹14,00,000Â
Operating E...
The business organization prepares the set of financial statements. Which option is not a part of financial statement?
